Notices
Notice No20190813-10Notice Date13 Aug 2019
CategoryOthersSegmentGeneral
SubjectRedemption of Indian Depository Receipts (IDRs) of Standard Chartered PLC (Scrip Code: 580001)
Content

The Company has informed to the Exchange that the Company had opened the fungibility window for redemption of IDRs into shares on March 01, 2016 which shall be on a continuous basis in accordance with Securities and Exchange Board of India’s (SEBI) circular dated March 1, 2013 in relations to two-way fungibility of IDRs (the “Circular”).

 

The Company has further informed that based on the valid withdrawal applications received from the IDR holders and in accordance with the process laid down in the operating guidelines, the Company has redeemed an aggregate of 189,310 IDRs and converted them into 18,931 equity shares of the Company. The entire annual fungibility portion as required under the Circular has been satisfied in this redemption window.

 

The detail of redemption of IDRs of Standard Chartered PLC is given below:

Name of the Company

Scrip Code

Securities

Distinctive Nos.

Standard Chartered PLC

   

580001

    

 

 189,310 IDRs

 

9682721-9872030

 

The detail of listed IDRs of Standard Chartered PLC after above redemption is given below:

 

Name of the Company

Scrip Code

Securities

Distinctive Nos.

Standard Chartered PLC

   

580001

    

 

9682720 IDRs

 

               

1 to 9682720

 

 

Trading Members of the Exchange are requested to take note of the same.

In case the trading members require any clarification, they may please contact Rupal Khandelwal on Tel: 2272 8262.

 

 

Rupal Khandelwal

Senior Manager

August 13, 2019